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Yesterday — 16 October 2025Main stream

The Penny’s Demise Is Leaving Some Businesses Shortchanged

By: Sopan Deb
16 October 2025 at 04:54
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.

© Saul Loeb/Agence France-Presse — Getty Images

The Treasury Department announced earlier this year it was winding down the production of the penny.
Before yesterdayMain stream

For Uniqlo’s Founder, Conquering America Is Personal

14 October 2025 at 17:00
Tadashi Yanai champions the U.S. market as vital for Uniqlo’s growth, but remains deeply concerned about rising American protectionism.

© Isabelle Zhao for The New York Times

Tadashi Yanai opened what would become the first Uniqlo store in Hiroshima in 1984. Uniqlo now has more than 2,500 stores globally.
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